TrueTL - True Trendline Indicator

[Styan]

Hi Traders,

Originally we made a trendline-tracer script to ourselves 1 year ago. It's been introduced in a youtube video and several forums. We've experienced wide interest, so we decided to create a customizable indicator.

Let's visit TrueTL on Youtube.

[Styan]

We've just refreshed our site's Buy-page. We received many request about the license (such as multiple account subscribing or longer usage period). Before, we had a custom-license for this request, but now, we can give 6 options to purchase TrueTL faster and easier than earlier.

Let's visit the TrueTL website.

[chase]

its is free availible

google mouteki

[Styan]

please explain more...

[Styan]

Our website has been updated: some of you asked us for an example strategy. Please check it out under the "Example" menu.

[Styan]

It’s totally different than mouteki, because it’s draw all trendline. TrueTL counts the beginning points from the actual timeframe's historical data, and the trendline ending is depending on the last visible pullback level.

[Styan]

Please, check these pictures attached below, or visit our website.

[Styan]

Follow me on Twitter: @TrueTrendline
I’m gonna share some things, and example entry positions.

[Styan]

We’ve just revamped our website.

We launched a blog site about our developments, trading-examples and other thoughts. You can leave comments here too. In addition, you can find us easier on social networks and you can subscribe to our blog’s RSS-feed.

[Styan]

Together with our strategic partner we are working on a full blast of the trendline alert indicator. There will be many options in it.
Three types of alert case: break before close, break after close, trendline approach.
Four types of alert mode: email, popup, sound, pictogram on the chart.
For each option separately switchable and customisable.
Coming soon in the first week of January.

Until then, have a good testing - with TrueTL’s testing-ability :) - and a Merry Christmas too.

[Styan]

The Highly Anticipated Alert Indicator is Released!

You can find more information on the TrueTL's website.

[Styan]

Originally Posted by Styan

The Highly Anticipated Alert Indicator is Released!

You can find more information on the TrueTL's website.

Important: This is a standalone trendline alert indicator, and it's free for our clients. The indicator is working with all visible trendline on the chart, not only with TrueTL's.

[Styan]

“you asked, we made it” :)

More payment options and newsletter are available from now.

TrueTL - True Trendline Indicator

[MatijaScalres]

You made EA or indicators?

[Styan]

It's an indicator. You can find more information in our renewed site.

[Styan]

We are pleased to announce the new version of our trendline indicator.

New features:
- Server-calculation and protection at once ("Good bye Guardian protection...")
- You can use with unlimited MT4-account
- Improved candlestick pattern recognition
- Filter the duplicated trendline
- Intelligent M1-M5 fast analysis
- Some optimization and bugfix

[Styan]

We had to develop our own system of ex4-protection, because we've seen the cracking of all other solutions.

The new version of our indicator has been developed with this method, therefore it's not able to crack. If you meet the other sources of TrueTL indicator, you can be sure that it is a fake version, and it's not gonna work flawlessly.

[Styan]

We are happy to announce the second additional indicator. It's draw all trendline automatically on the RSI indicator window.

Look at the pictures on the website, they are say more about our RSI Trendline Indicator.

[Styan]

We collected some resource on the website. We hope this can help you to learn more about the trendlines which is indispensable and traditional tool for a serious trader.

[Styan]

New features on the homepage!

If you have a quick question for us, then you can do it. You can CHAT with us on the homepage.

[Styan]

The 1.3 version is released:

• Improved offline chart compatibility (useful for such as Renko Chart, Point & Figure Chart, etc.)
• User notification on the chart (such as your subscription expire soon or a new update is released)

From now, you can download the latest update from the website.

Special thanks to some customers who participated in the beta testing with different indicators.

More information

[Styan]

A new menu item appeared on our website. The FAQ page contains the information about our activities, and in general the forex trading such as the search of holy grail, or strategy development.

[Styan]

We are happy because many of our client's request performed in the new 1.4 version of TrueTL indicator.

New features:

• Candle-body option: TrueTL is able to ignore the candle's high/low, and draws the trendline that is aligned to the candle's body. You can set this option with the "candle-body" switch.
• Corrected scale on RSI Trendline: From now, RSI Trendline indicator shows the standard scale of RSI (0-100). You can set your favorite levels on the chart (such as 30 / 70).
• New addon indicator - CCI Trendline: CCI trendline indicator which draws all trendline automatically in the CCI indicator window.

On the homepage you can find the settings with description. The update page contains new features and sample pictures.

[Styan]

We've finished the most radical development so far: there are two new options to make even less disturbing trendlines and clearer charts. The current version of TrueTL is much different than the first release, thanks to the continuous development.

What's new in TrueTL 1.5:

• Lazy redraw option: The pattern recognition algorithm is the heart of TrueTL. It determines the trendline-redrawing. We improved this algorithm in version 1.1 and we never stopped developing. From now, TrueTL contains the even more upgraded algorithm, and this new "Lazy redraw option", which shows safer trendline breakout.
• Cut trendline ending: Cut the trendline ending, when it's broken.
• And of course the regular bugfix and optimization...

On the homepage you can find all settings with description. The update page contains all new features and sample pictures.

[Styan]

We never stop the evolution. Our mt4 indicators are much different than the first release, so we had to make a new user's guide video with old and new features.

[Styan]

TrueTL 1.55 is Released!

We migrated to two servers, so from now, the TrueTL has a redundant connection for the calculation. If the main calculation server is not responding, TrueTL is going to change the settings, and requests the necessary calculation from a different server. It's proceed in the background automatically and quickly, you won't notice it.

[Styan]

You can download two indicators for free from our website:

Stepless MTF RSI Indicator
Stepless MTF CCI Indicator

Enjoy it!

[Styan]

We are pleased to announce the new version of our indicators.

What's new in TrueTL 1.6:

• Automatic username storing: If you type your username into any TrueTL indicator, you don't need anymore to type in again, because all of the indicators will remember.
• RSI and CCI trendline goes multi timeframe: You can watch other timeframe's indicator values, without switching between the timeframes. You can set timeframe of the indicator to: 0 = Timeframe used on the chart, 1 = M1, 5 = M5, 15 = M15, 60 = H1, 240 = H4, 1440 = D1, 10080 = W1, 432200 = MN1.
• Other improvements for RSI and CCI trendline:
  - Cut TL Ending: cut the trendline's ending when it's broken.
  - RSI Width: specify the width of the RSI and CCI lines
  - Trendline Width: specify the width of the trendlines

Whats new from 1.01 version:

• Improved candle stick recognition, and new switchable algorithm for redrawing (Lazy redraw)
• Switchable option for draws trendlines to candle's high/low or candle's body
• Offline chart compatibility
• Filter the duplicated/narrow trendlines
• Cut trendline ending

And so on...as well as RSI and CCI trendline...

On the homepage you can find all settings with description. The update page contains all new features and sample pictures, from the first release.

[Styan]

We made a speed improvements, and minor bugfix on the TrueTL indicators. The only new feature is the fully customizable styles. From now, you can set freely any styles of the lines (color, width, line style) in any TrueTL indicators.

On the homepage you can find all settings with description. The update page contains all new features and sample pictures, from the first release.

[Styan]

We are proud to announce the new version of our indicator. Lot of people requested a more customizable alert functions for the main TrueTL indicator, and the integrated alert functions for the RSI Trendline and CCI Trendline indicators. We made it, so from now, all of the indicators has an integrated and fully customizable alert functions which works with all of the tredlines and horizontal lines (not only TrueTL's) on the chart or RSI-CCI Trendline indicator's window.

You can find the settings on the HOME page, and the complete changelog on the UPDATE page.

[Styan]

We are proud to announce this very useful new feature: multi timeframe redraw.

Until now: TrueTL drew trendlines in multi timeframe, but the redraw depended on the actual timeframe's candle sticks.
From this version: you can adjust the timeframe for redraw. So for example you can use h1's trendlines in m5 (with detailed break and backtest movements).

[Styan]

COMING SOON: RSI and CCI Divergence Indicators

Otherwise we've just revamped our website for the better look and transparency.

[Styan]

The highly anticipated DIVERGENCE INDICATORS are released!

RSI and CCI Divergence Indicator, without the general problems of the other free or not free divergence indicators (inaccurate peak/bottom detection, divergence line draws over the candle-body, etc). It's calculate with the last 300 bars, and use a basic candle pattern and divergence slope filtering.

NON REPAINTING: the arrow will appear when the trigger candle is closed, but we have to use any filtering method (on the EXAMPLE page we mentioned some tips).

Go to the indicator page...

[Styan]

New version of FREE indicators are released.

More info and download...

[Styan]

We made a minor optimization and compiled our indicators to 445 build MT4. The only new feature is a small notification icon. From now, the alert messages (license expire soon, update released, etc.) will not reserve huge place on the chart, It only shows a small icon. If you move over the mouse pointer you can read the message.


Some major plan (that we are working on) for the 2013 year:

• S/R level function for all indicators
• More trendline drawing algorithm
• Trend direction indicator (based on accurate peak/bottom detection)
• Stochastic, MACD, and other trendline and divergence indicator
• Backtest ability for all indicators, multi timeframe ability for divergence indicators (as the main True Trendline Indicator has)
• Improve server communication and redundancy
• Extend our EXAMPLE page to a compact and informative site, where the beginners can read about useful and basically required things (money management, candle patterns, S/R levels and other basic tools, entry filtering methods, psychology), not about the dead end.
• And many other things based on our and the client's ideas.

Stay tuned with our newsletter or with our social network pages.

We wish you a Happy and Successful New Year!

[Styan]

TrueTL 1.83 is Released!

The two new features are based on many customer's requests:

Improved alert functions: New alert function in the main trendline indicator (coming soon in addon indicators): from now, you can set an alert when the indicator is redrawing the trendlines, and their positions are changing. Furthermore, the alert message contains the type of alerted trendlines. For example, you will know if a broken trendline is a Normal / Long / 3Touch / Narrow trendline.

Line Chart compatibility: The Metatrader has three chart mode: Bar chart, Candlesticks, and Line Chart. Until now TrueTL worked with the first two, but from now it can draw the trendlines on the Metatrader's Line Chart.

You can find the complete changelog on the UPDATE page.

[Styan]

We are happy to announce our two new addon indicators:

-Williams %R Trendline (with MTF and alert functions
-Williams %R Divergence (with alert functions)

One new feature for all indicators:

Smarter Update Method: From now, all TrueTL indicators have a simple file name without version number. If a new update is released, simply you can overwrite the indicator's files (automatically with our installer or you can do it manually from the zip file), and you can use continuosly the new indicators with your saved template and settings. The indicator settings panel's first field contains the actual version number.

We extended the EXAMPLE page with detailed description of our two trading strategies.

[Styan]

TrueTL 1.85 is Released!

Two new options for the divergence indicators:
- Line Chart: you can switch the indicators to draws divergence lines to the MT4's Line Chart.
- Candle Body Filter: until now our indicators filtered automatically the divergence lines that go over the candle-bodies. From now you can turn off this filtering if you would like to.

The EXAMPLE page is extended with a very important part of forex trading. We give you a short description and some advice about the Risk Management, including the placement of Stop Loss, the RR Ratio, the Lot size calculation, etc. We believe that no one can be a successful trader without this knowledge.

[Styan]

We are proud to announce this awaited function for the divergence indicators:

MULTI TIMEFRAME ABILITY FOR DIVERGENCE INDICATORS: You can watch indicator values of a higher timeframe without switching between the chart's timeframes. You can set timeframe of the indicator as follows: 0 = the timeframe used on the chart, 1=M1, 5=M5, 15=M15, 60=H1, 240=H4, 1440=D1, 10080=W1, 432200=MN1. IMPORTANT: The arrows will appear only when the higher timeframe's candle is closed to make sure that the candle’s configuration is validated and the divergence is fine.


You can find the complete changelog and DOWNLOAD the latest version on the UPDATE page. IMPORTANT: The current version will run under 509 build (or later) MT4.

On the EXAMPLE page you can find many useful advice about the forex trading.

[Styan]

We are happy to announce these long awaited indicators:

- MACD Trendline (with MTF and alert functions)
- MACD Divergence (with MTF and alert functions)

You can find the new features and DOWNLOAD the latest version on the UPDATE page.

Moreover you can download for FREE these new indicators from the Metatrader Indicators page:

- FREE MTF MACD Indicator (stepless and colored)
- FREE MTF Bollinger Indicator (stepless and colored)